Saturday 13 February 2016
 
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Bahrain Duty Free records $77m revenues, up 3.3pc

Bahrain Duty Free Shop Complex (BDFSC) has reported gross revenues of $77 million for last year, achieving a 3.3 per cent growth over previous year.    The operating profit was $13.7 million, a growth of 14.

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Ras Al Khaimah's tourism revenue up 12pc

Ras Al Khaimah Tourism Development Authority has registered a 12.4 per cent increase in total revenue last year compared to 2014, with industry indicators highlighting a positive performance for the year.   The e

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GE signs electricity generation, maintenance deal with Iraq

GE has signed a 'Power Up Plan' with the Iraqi Ministry of Electricity for critical electricity generation and maintenance projects throughout the country.   The 'Power Up Plan' comprises a set of

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RAK passenger numbers up 17pc

Ras Al Khaimah International Airport recorded significant growth in 2015 across all sectors, registering a 17 per cent rise in passenger traffic over 2014. Aircraft movements of scheduled flights increased by 26 per cent over 2014

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Managing GCC energy reforms 'a challenge'

The energy-pricing reforms by GCC governments will have direct and indirect effects on the welfare of households and the profitability and competitiveness of the regional industry, according to a report.   The la

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Egypt construction firm sees 99pc jump in profit

Egypt-based Acrow Misr said that its consolidated profits reached EGP111.49 million ($14.2 million) during the first nine months of 2015, up 99 per cent, compared to EGP55.7 million ($7.11 million) from the previous year, a report said.

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Egypt construction firm sees 99pc jump in profit

Egypt-based Acrow Misr said that its consolidated profits reached EGP111.49 million ($14.2 million) during the first nine months of 2015, up 99 per cent, compared to EGP55.7 million ($7.11 million) from the previous year, a report said.

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International passenger traffic shoots up 5pc

Passenger traffic on international routes was up 5.1 per cent in September year-on-year, similar to the August 5.4 per cent result, according to an International Air Transport Association (Iata) report.   The Sep

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DWC registers 15.9pc rise in freight traffic

Air freight traffic at Dubai World Central (DWC) rose 15.9 per cent during first nine months of the year, according to a report issued by operator Dubai Airports today (November 19). The year to date cargo as at the end of Septemb

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Alarm over collapsing ecosystems in Bahrain

A new study has shown that Bahrain’s ecosystems are deteriorating due to an increase in natural and human pressures. Marine environment constitutes 91 per cent of Bahrain’s total area with it encompassing more than 9,500 sq km, whi

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